Franklin FTSE United Kingdom ETF $FLGB Shares Sold by UBS Group AG

UBS Group AG cut its holdings in shares of Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) by 9.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 307,234 shares of the company’s stock after selling 33,088 shares during the period. UBS Group AG owned approximately 1.11% of Franklin FTSE United Kingdom ETF worth $10,369,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Franklin Resources Inc. lifted its position in Franklin FTSE United Kingdom ETF by 625,000.0% in the third quarter. Franklin Resources Inc. now owns 1,200,192 shares of the company’s stock worth $38,778,000 after purchasing an additional 1,200,000 shares during the period. Bank of America Corp DE lifted its position in Franklin FTSE United Kingdom ETF by 4.3% in the third quarter. Bank of America Corp DE now owns 10,517,848 shares of the company’s stock worth $339,832,000 after purchasing an additional 435,145 shares during the period. Citadel Advisors LLC lifted its position in Franklin FTSE United Kingdom ETF by 260.3% in the third quarter. Citadel Advisors LLC now owns 78,914 shares of the company’s stock worth $2,550,000 after purchasing an additional 57,013 shares during the period. Archford Capital Strategies LLC acquired a new stake in Franklin FTSE United Kingdom ETF in the fourth quarter worth approximately $1,168,000. Finally, Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in Franklin FTSE United Kingdom ETF in the third quarter worth approximately $565,000.

Franklin FTSE United Kingdom ETF Price Performance

FLGB opened at $34.84 on Friday. The company has a market capitalization of $825.71 million, a price-to-earnings ratio of 15.48 and a beta of 0.65. Franklin FTSE United Kingdom ETF has a 1-year low of $29.74 and a 1-year high of $37.37. The business has a 50 day moving average price of $35.39 and a two-hundred day moving average price of $34.63.

Franklin FTSE United Kingdom ETF Company Profile

The Franklin FTSE United Kingdom ETF (FLGB) is an exchange-traded fund that is based on the FTSE UK RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap companies from the United Kingdom. FLGB was launched on Nov 2, 2017 and is managed by Franklin Templeton.